EI du Pont de Nemours 2Q Earnings Pregame Scorecard
EI du Pont de Nemours (NYSE:DD) has topped Wall Street expectations for the last five quarters, and it will try to keep that streak alive as it reports the latest earnings on Tuesday.
Expectations
Analysts currently expect EI du Pont de Nemours to come in with earnings of $1.47 per share on revenues of $11.25 billion. Analyst estimates range from $1.40 per share to $1.52 per share.
Stock Movement
Recently, the stock price has been rising Since July 12, 2012 business days the stock has risen $2.07 per share. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $2.90 (-5.6%), from $51.82 to $48.92.
Company Fundamental Trends
Stock Ratings
Analysts are bullish on the stock as nine analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
Last Quarter's Results
In the first quarter, profit rose 4% to $1.49 billion ($1.57 a share) from $1.43 billion ($1.52 a share) the year earlier, exceeding analyst expectations. Revenue rose 11.9% to $11.26 billion from $10.06 billion.
Summary
Reporting Period: 2Q
Date of Release: Tuesday, July 24, 2012
EPS: $1.47
Revenue Estimate: $11.25 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)